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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 71.07-1.4%Nov 6 3:59 PM EST

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To: bambs who wrote (58136)3/4/2002 12:56:55 PM
From: RetiredNow  Read Replies (2) of 77397
 
Hey Bambs, one friend to another: today may be a glimpse at what will happen to gold as the economy turns around (it's happening now as we speak) and the stock market starts rising this year. HGMCY is at a PE of 80 with a market cap of $1.44 billion on revenues of maybe $457 million USD (at exchange rate of $1 USD to $10.93 South African Rands). Could it be that you are caught up in gold bubble mania?

I'm definitely not trying to cut you down given your accurate calls of the past couple years, but I'm just trying to give you fair warning like you tried to do for us a year and a half ago. You might want to think about taking some of your profits off the table. Gold stock prices may very well book decreases this year instead of the further gains you are anticipating. So it may not hurt to hedge your bet. Good luck whatever you do!
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